The legend in the InstaSpot team!
Legend! You think that's bombastic rhetoric? But how should we call a man, who became the first Asian to win the junior world chess championship at 18 and who became the first Indian Grandmaster at 19? That was the start of a hard path to the World Champion title for Viswanathan Anand, the man who became a part of history of chess forever. Now one more legend in the InstaSpot team!
Borussia is one of the most titled football clubs in Germany, which has repeatedly proved to fans: the spirit of competition and leadership will certainly lead to success. Trade in the same way that sports professionals play the game: confidently and actively. Keep a "pass" from Borussia FC and be in the lead with InstaSpot!
USDCAD is now trading at 1.2622. Price made an important high around 1.28 and then pulled back towards 1.2420 forming a higher low. Price is now higher forming higher highs and higher lows and with the RSI providing new higher highs, the chances of a move above 1.28 are high.
Green rectangle- major support
Price is respecting the red trend line as this is the first line of defense for bulls. If price falls below the red trend line it will be a sign of weakness and a sign of caution for bulls. Bulls do not want to see price break below the green rectangle no matter what. A break below the green rectangle will cancel any upside scenario and will open the way for a move below 1.24. That is why bulls do not want to see price break the green rectangle. A pull back towards the red trend line support is considered a buying opportunity as price has so far respected the trend line. We remain bullish USDCAD looking for a move above 1.28.
*এখানে পোস্ট করা মার্কেট বিশ্লেষণ আপনার সচেতনতা বৃদ্ধির জন্য প্রদান করা হয়, ট্রেড করার নির্দেশনা প্রদানের জন্য প্রদান করা হয় না।
ইন্সটাফরেক্স বিশ্লেষণমূলক পর্যালোচনাগুলো আপনাকে মার্কেট প্রবণতা সম্পর্কে পুরোপুরি সচেতন করবে! ইন্সটাফরেক্সের একজন গ্রাহক হওয়ায়, দক্ষ ট্রেডিং এর জন্য আপনাকে অনেক সেবা বিনামূল্যে প্রদান করা হয়।
